Solar energy storage system

How a Solar Energy Storage System Can Increase Your Energy Self-Sufficiency

Solar energy storage systems can be co-located with solar panels, or they can stand alone. Either way, adding a battery to your solar system increases your energy self-sufficiency.

Batteries are most helpful when your solar panels produce less energy, such as on cloudy days and at nighttime. They also protect your pocketbook from electricity rate hikes.

1. Reduce your reliance on the grid

Solar energy systems are becoming increasingly popular among homeowners and businesses as a clean, cost-effective alternative to fossil fuel power. One of the most important benefits of solar is the ability to reduce your reliance on the grid, and solar storage is a valuable technology that allows you to do just that.

Solar battery storage helps you save money on your electric bills by storing excess energy generated by your solar panels for use at night and on cloudy days. This power is stored in a home battery and then released through an inverter as needed. Solar storage solutions can be co-located with your solar panel system or stand alone, and there are several types of batteries available for different applications.

Without storage, your solar system will only generate electricity when the sun is shining. However, there are times of the day when your solar production is low (after sunset or on cloudy days) while demand is high. Grid operators may have to curtail your solar generation or take it offline to balance electricity loads and ensure the reliability of the grid.

Solar battery storage enables you to capture your solar electricity during these peak demand hours and save money on your utility bill, even if your state does not offer net energy metering or has Time-of-Use rates that reward you for sending power back to the grid.

2. Save money on electricity bills

The amount of money saved by a solar energy storage system depends on your energy consumption, home size and location, battery configuration and utility rates. However, a All-in-one inverter solar energy storage system can reduce your monthly electricity bills significantly and is often worth the investment in less than 10 years.

Energy storage can save you money on your utility bill by shifting energy usage to lower, off-peak rates. Most utilities offer time-of-use (TOU) rate plans where electricity prices are higher during peak times, typically after work and into the evening. With a BESS, you can store electricity your solar panels generate during the day to use later in the evening and avoid paying the higher TOU rates.

Many states offer programs such as net metering to encourage homeowners with solar systems to send their surplus power back to the grid in exchange for credits on future electricity bills. When paired with a solar panel system, battery storage can allow you to maximize self-consumption, which can help you reach net zero on your utility bills and even become fully off the grid!

Additionally, batteries help the grid function efficiently by improving system frequency regulation. When there is a deviation from the standard 50 Hz frequency, batteries can quickly provide energy to compensate for the imbalance. This helps the utility operate safely and maintain reliability for everyone.

3. Increase your home’s value

Many home improvement projects don’t add much to your property value, but solar power systems have been shown to increase the resale value of your house. Studies from Lawrence Berkeley National Laboratory (LBNL) and Zillow have found that a home’s resale value increases by $5,911 for every kilowatt of solar energy capacity installed.

Adding a battery to your solar system can also be a powerful selling point for homeowners who want to sell their home. Solar batteries store excess electricity generated by your solar panels during the day to be used at night or during power outages. These are times when electricity rates are most expensive, so you can save a lot by having your own energy storage solution.

Another factor to consider when thinking about a solar energy storage system is the type of panel installation. Newer systems with higher efficiency and longer lifespans tend to offer a bigger boost in your home’s value than older systems.

Lastly, you should always discuss the resale value of your solar system with your customers before they go through the process of installing it. Whether you own your solar panels outright or are in a solar lease, you should always make sure that the system is transferred to the next homeowner. This will ensure that any warranties that come with the system are in place and can be transferred with the sale.

4. In the event of a power outage

Power outages due to severe weather can cause significant disruptions for households. A solar energy system with battery backup is a great option for those looking to avoid costly power losses caused by outages and other natural disasters. While back-up generators are a popular solution for providing emergency power, solar with battery storage is the best and most cost-effective option for homeowners.

Solar systems with battery backup are designed to switch off during grid outages, in order to prevent electricity from traveling out of the system and onto downed utility lines. When a power outage occurs, 12v-storage-battery the solar system’s inverter automatically switches over to battery power to provide energy for selected circuits in your home. Once the grid power is restored, your solar system will resume production and the batteries will recharge.

Energy storage is an important part of any solar system as it helps to stabilize the flow of solar energy on the grid by smoothing out fluctuations in output caused by passing clouds, dust, haze, and obstructions. Energy storage can be co-located with solar energy systems, or it can stand alone, either way, it helps to increase the overall efficiency of a residential solar power system. A solar-plus-storage system (also referred to as a microgrid) is the most efficient solution for avoiding the noise and pollution of fossil fuel generators during outages, as well as taking advantage of peak time of use (TOU) rates charged by utility companies.